Biotechnology and the development of food markets: retrospect and prospects
Economics, Center for Agricultural and Rural Development
Journal or Book Title
European Review of Agricultural Economics
First Page or Article ID Number
Biotechnology has had an important impact on the agricultural and food industries over the last 12 years by way of fast and extensive adoption of a few genetically modified (GM) crops. This has produced large efficiency gains, including higher yields and reduced costs of weed and pest control, as well as some environmental benefits. The expected development of crops with additional agronomic traits, and with output traits to improve the nutrition and health attributes of food products, holds the potential for even more pervasive impacts. Full realisation of such promises may require overcoming the constraining effects of restrictive GM product regulations.
Q16, Q18, O33, L51
Moschini, Giancarlo, "Biotechnology and the development of food markets: retrospect and prospects" (2008). Economics Publications. 187.